Mr. Speaker, just a few hours ago Moody's bond rating service announced it will review Canada's foreign debt rating and also Canada's AAA domestic rating. Moody's is not only sending the government a wake-up call, it is ringing the alarm bell.
Will the Minister of Finance finally acknowledge that the markets are rejecting his deficit reduction targets as inadequate and that Canada's debt and deficit situation is much more serious than he or the Prime Minister has led us to believe?